No one can reasonably argue that SpaceX deserves a $1.75 trillion valuation on its current biz.
The big question is whether or not that figure stretches the outer bounds of "In Elon We Trust."
Source says he told Trump and Susie Wyles last week. Expect him to launch some sort of AI consulting shop -- more substantial than a little lobbying thing (dunno how big or who's funding, if anyone yet)
🇺🇸🚀 SOME NEWS: I'll be leaving my role at the White House at the end of this month. After a break I’ll be working on helping tackle some of the large challenges facing America on AI (more on that later).
It is hard to express how big a privilege it has been to serve the American people and how grateful I am to have had the opportunity to do so.
First and foremost, it has been an honor to serve under President @realDonaldTrump . Without his leadership, we would not be leading in the AI race.
Second, I owe a lot to the person I’ve worked mostly closely with over the last 18 months - @DavidSacks . His continuing advocacy for America winning on AI has been and continues to be crucial.
Some key public accomplishments from last year I’m proud of
1. Architecting and publishing the American AI Action Plan - charting the course for America to win on AI and helping execute on that for the last year.
2. The AI acceleration partnerships to help American AI stack win globally.
3. The National AI Policy Framework for Artificial Intelligence executive order (forming the basis for working with the Hill this year)
4. Advocating for the American AI stack with our allies globally (the AI summits in France and India, state visits to the UK, the Middle East and more)
So what’s next?
The past 18 months have given me a front row seat to this critical moment on AI facing America and our allies. Whether it is energy, data centers or a clear path for Americans to experience the benefits of AI, there are many tough issues we all need to navigate together. I plan on building institutions that help tackle some of those challenges for America and its allies.
I want to thank many others who have helped along the way in the administration : Kevin Hassett, @mkratsios47 , CoS @SusieWiles47 , VP @JDVance , @StevenCheung47 , Sec Bessent, Sec Lutnick, Sec Rubio and @jacobhelberg , @USWREMichael , Josh Gruenbaum, Watson Fagan, Ryan Baasch, Jeff Kessler, Alexei Bulazel, DepSec Landau, DepSec Dabar, Will Scharf, Taylor Budowich, @JamesBlairUSA , @elonmusk and many, many others. You know who you are and I know I’ll continue to see you a lot more.
Most of all, I want to thank @aarthir on supporting everything and being part of this unexpected but amazing journey from last January. None of this would be possible without her.
This journey has been the privilege of a lifetime and shown me how special this country is and how it needs all of us to contribute in anyway we can - and I plan on continuing to do just that.
🇺🇸
SpaceX just quietly amended its S-1 announcing another mega deal
$920M/month from Google from October 2026 through June 2029
With both parties being able to terminate the agreement with 90 days notice
Things are getting exciting 🚀
If every company soon will be an AI company to some extent, much like every company became an Internet company to some extent, is the US government gonna take equity stakes in all of them?
🚨 Just days away: Axios’ first-ever AM Live on June 9 in D.C.
Experience @mikeallen's iconic morning briefing brought to life with the leaders shaping what’s next in policy, business, tech and culture.
🎙️Featuring: Washington, D.C., @MayorBowser, @SBAgov administrator @SBA_Kelly, Department of @ScienceUnderSec Dario Gil and more.
Space is filling fast. Request your invite: https://t.co/lSpCv3STAz